Klarna CEO Siemiatkowski: So we benefit as payment providers from eCommerce boom

July 28, 2012

Online commerce is growing rapidly and it is not surprising that service providers in the eCommerce environment from this boom benefit. Such service is Klarna. Dating Sweden startup was founded in 2005 and provides the Payment Methods Payment and bill payment for online shops to. Over 700 employees and over 1 billion of unsettled sales are figures that will impress even investors fairly. In country, Sweden, one in four online purchase via Klarna is now settled. But how is the size of Klarna and how do you manage to collect so much money investors like the Swedes? Sebastian talks out of school and explains why the salvation of a startup is not always in the most technically demanding technologies.

Spotlight

Bitcoin IRA ∙ The World's Largest and Most Se

BitcoinIRA.com is the world's largest and most secure cryptocurrency IRA company that allows customers to purchase Bitcoins and other cryptocurrencies for their retirement accounts. The full-service solution includes setting up a qualified cryptocurrency account, rolling over funds from an existing IRA custodian, executing a live trade on a leading exchange and then moving funds into an industry-leading multi-signature digital wallet.

OTHER VIDEOS

How different is Fintech in the US and Asia? Melissa Guzy, Co-founder of Arbor Ventures

video | April 2, 2021

Taught by 20+ industry experts from HSBC, Citibank, Ping An Technology, Kabbage, in this specialisation you will learn about the important elements of Fintech and how they can be applied to various financial scenarios. It focuses on the key activities and considerations you can take to pilot digital innovations within business functions, and enhance your professional profile in today's competitive market....

Watch Now

Current leverages Neo4j for a modern banking approach

video | March 24, 2021

Current wanted to create a modern banking experience that broke with traditional account-centric banking. Listen to Trevor Marshall, CTO of Current, as he explains how they use the Neo4j graph database as a flexible framework for building innovative banking products that leverage relationships....

Watch Now

World FinTech Report 2020: Moving from open to applied innovation

video | April 20, 2020

No longer banking industry disruptors, BigTechs and challenger banks have opened a Pandora’s box of sky-high customer expectations. But banks can still thrive by transforming into inventive banks. The World FinTech Report 2020 from Capgemini and Efma explores how effective collaboration between inventive banks and mature FinTechs can help fill in the gaps from the front to the back office to deliver a meaningful customer and user experience....

Watch Now

UBS, Credit Suisse to Delay Half of Dividend Payment

video | April 10, 2020

Both Credit Suisse and UBS have proposed delaying half of their 2019 dividend payments to later in the year. This follows mounting pressure from the Swiss financial regulator on the nation’s banks to reconsider their dividend distribution plans. Bloomberg’s Patrick Winters reports on “Bloomberg Markets: European Open.”...

Watch Now

Spotlight

Bitcoin IRA ∙ The World's Largest and Most Se

BitcoinIRA.com is the world's largest and most secure cryptocurrency IRA company that allows customers to purchase Bitcoins and other cryptocurrencies for their retirement accounts. The full-service solution includes setting up a qualified cryptocurrency account, rolling over funds from an existing IRA custodian, executing a live trade on a leading exchange and then moving funds into an industry-leading multi-signature digital wallet.

Events